Real estate
Occupancy vs. vacancy
Occupancy rate
Vacancy rate
Commercial market data
Retail rental rates dropped and industrial held steady as of early May compared to the second quarter of 2024, and more industrial buildings are under construction than a year ago.
14.3%
12.8%
3.8%
3.9%
4.7%
4.2%
Oce
Retail
Industrial
Under construction in the Woodlands area
Square feet
Buildings
Q2 2024
As of May 5
Q2 2024
As of May 5
85.7%
87.2%
96.2%
96.1%
95.3%
95.8%
118,800
0
1
0
Q2 2024
As of May 5
Q2 2024
Q2 2024
As of May 5
As of May 5
190,842
17,850
6
2
Rental rates (per square foot)
53,600
155,130
7
13
Featured project
Q2 2022
$24.67
$24.07
$12.59
Retail
Q2 2023
$24.18
$25.17
$11.96
Q2 2024
$24.26
$22.82
$13.93
As of May 5
$26.93
$20.45
$13.33
Woodson’s Reserve 4095 Woodson’s Centre Drive, Spring • Leasing company: CRE Place • Square feet: 1,360-14,600 • Number of spaces: 1 • Rent: $42/square foot annually triple net • Percent leased: 14.1%
99 TOLL
SOURCE: CALDWELL COMPANIES’ ANALYSIS OF COSTAR GROUP INC. DATA 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TEXAS 77433 COLLEGE STATION HOUSTON THE WOODLANDS ALTHOUGH EVERY EFFORT HAS BEEN MADE TO ENSURE THE TIMELINESS AND ACCURACY OF THIS REAL ESTATE DATA, COMMUNITY IMPACT AND CALDWELL COS. ASSUMES NO LIABILITY FOR ERRORS OR OMISSIONS.
WOODSON'S RESERVE PKWY.
N
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6/25/25
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51
THE WOODLANDS EDITION
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